NOT LISTED FOR SALE

986 Washington Ave Albany, NY 12203

Melrose Neighborhood

Estimated Value: $303,000 - $311,000

6 Beds
2 Baths
2,048 Sq Ft
$150/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $250,000 $122 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,217/month

13 Days on Market

Highlights

  • Private Lot
  • 1 Car Attached Garage
  • Forced Air Heating System
  • No HOA
  • Shed

About This Home

As of September 2021

You can't beat the location of this Washington Ave 2 family. Close to local colleges and city amenities, yet equally close to suburban shopping malls. Good for student rentals or owner occupy one of the spacious apartments. 2nd floor is currently rented to long term tenant on mtm basis. Full semi finished basement with washer/dryer.

Last Agent to Sell the Property

Deborah Hoelzli

Carrow Real Estate Services LLC License #10301215740 Listed on: 06/24/2021

Last Buyer's Agent

Paul Fontane

Yankee Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,458

Year Built

  • Built in 1943

Lot Details

  • Private Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2,048 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 01 / 3-3
  • Assessor Parcel Number 010100 64.34-3-3-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,458

Year Built

Built in 1943

Lot Details

0

Parking

1

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1943
  • Directions: Washington Ave between Homestead and Ver Planck
  • Above Grade Finished Sq Ft: 2048.0
  • Architectural Style: Duplex-Over/Under
  • Financial Details General Taxes: 2989.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 4468.0
  • School Taxes Description: Estimated
  • Lot Size: 4200
  • New Construction: No
  • Parking Features Parking Total: 2.0
  • Possession Possession Legacy: At Closing
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 6
  • Living Area: 2048.0
  • Full Basement: Yes

Exterior Features

  • Construction Type: Aluminum Siding, Vinyl Siding
  • Other Structures: Shed(s)
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Private: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Level: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Off Street, Attached
  • Attached Garage: Yes
  • Total Parking Spaces: 2.0
  • Property Detail:Garage Spaces: 1.0
  • Parking Features:Off Street: Yes
  • Parking Features:Attached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Private, Level
  • Parcel #: 010100 64.34-3-3-01

Tax Info

  • Tax Annual Amount: 7458.0
  • Tax Block: 3-3
  • Tax Lot: 01
  • Tax Tract: 64.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Sep 23, 2021
Sold by
Siew Jeffrey and Siew Robert
Bought by
Kamruzzman Mohammed
Seller's Agent
Deborah Hoelzli
Carrow Real Estate Services LLC
Buyer's Agent
Paul Fontane
Yankee Realty Inc
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Current Estimated Value
$306,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,478
Avg. Annual Appreciation
5.32%
Original Mortgage
$212,500
Outstanding Balance
$194,420
Interest Rate
2.88%
Estimated Equity
$112,058

Purchase Details

Closed on
Jun 30, 2015
Sold by
Siew Ernest
Bought by
Ernest Siew Irrevocable Trust and Siew Robert
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kamruzzman Mohammed $250,000 Issued By Smpr Ttl Agcy Inc
Ernest Siew Irrevocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamruzzman Mohammed $212,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $250,000 -3.8% $122 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $259,900 -- $127 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,608 $222,000 $44,400 $177,600
2023 $7,670 $190,000 $38,000 $152,000
2022 $7,503 $190,000 $38,000 $152,000
2021 $7,487 $190,000 $38,000 $152,000
2020 $7,209 $190,000 $38,000 $152,000
2019 $7,480 $190,000 $38,000 $152,000
2018 $7,226 $190,000 $38,000 $152,000
2017 $7,419 $190,000 $38,000 $152,000
Source: Public Records

Agents Affiliated with this Home

  • Deborah Hoelzli

    Seller's Agent in 2021

    Deborah Hoelzli

    Carrow Real Estate Services LLC

    (518) 986-6713

    3 in this area

    160 Total Sales

    Deborah Hoelzli
    Section Image

  • P

    Buyer's Agent in 2021

    Paul Fontane

    Yankee Realty Inc

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Map

Source: Global MLS

MLS Number: 202121908

Global MLS

APN: 010100-064-034-0003-003-000-0000

New York Albany County Albany 12203 Melrose

986 Washington Ave, Albany, NY

This home is located at 986 Washington Ave, Albany, NY 12203 since 24 June 2021 and is currently estimated at $306,478, approximately $149 per square foot. This property was built in 1943. 986 Washington Ave is a home located in Albany County with nearby schools including Pine Hills Elementary School, Stephen And Harriet Myers Middle School, and Albany High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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